FirstRand , South Africa’s largest bank by earnings and market capitalisation, hopes to set up a fully fledged bank in Ghana early next year and has R10.2bn in surplus capital to invest in its growing operations in countries such as Mozambique, Nigeria, Zambia and India.
Barring any last minute hitches the Bank of Ghana (BoG) will finally offload its shares in the Agricultural Development Bank (ADB) by the end of this year.
The Securities and Exchange Commission (SEC) says it has restarted talks with Ghana’s Volta River Authority (VRA) to raise funds for its on-going and future projects on the capital market.
EBI Investment Corporation Kenya Limited, a subsidiary of Ecobank Capital has been granted an investment bank license by the Capital Markets Authority (CMA) in Kenya. Ecobank Capital (registered as Ecobank Development Corporation) is the investment banking arm of the Ecobank Group, with operating offices currently in Abidjan, Accra, Lagos and Douala, including dealing membership of […]
Barring any last minute hitches, the Ghana Alternative Market (GAX) will see its first listing by the end of this year. Director-General of the Securities and Exchange Commission, Adu Anane Antwi tells Citi Business news ‘GAX will see its first listing by the beginning of the last quarter of this year’. This follows the submission […]
